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um what does a 504 have to do with insiders selling? Not a thing. 504 selling is 1 million dollars per year in newly issued stock for financing.
There is no proof that CLYP/RCBM hasnt been dumping the insider shares for the past couple weeks. It makes sense Kron had to know the AS raise would cause a drop.
So they raised the A/S signaling future Dilution.
Now they say a Wal-Mart deal is months away?
And people still want to buy this crap.
A trade just turned into an investment for alot of newbs.
Ask him in the Email to explain where the revenues #'s they PR'd came from. When he dodges the question or doesnt return the email you will have a better idea of your investment.
Dude stop drinking the kool-aid.
Heavy Dilution is coming its just a matter of when.
This was a short squeeze play that was completely mishandled by management. ITS OVER.
The PR didnt address dilution in anyway. Anyone who stays in here is playing russian roulette with their money.
Tommarrow will be real interesting.
This could be cleared up in one PR Stating dilution has not and will not take place without a further annoucement. I suspect today was the capitulation day that was much needed before the next upward swing. I am down like %50 but I am more angry I didnt have a chance to add at the close as I was out all day.
If only it was that simple.
I will say this, if this .025 doesnt hold the stock will be bought up in the .01's just on mkt cap flippers alone.
What really pisses me off, is the company should just be up front about dilution if it is happening. It just makes the situation worse when a company isnt transparent with shareholders.
0 trades jack up the chart, takes the stock on and off scanners.
Finally this is showing signs of life.
rebel I want this to run as much as everyone else, but they could still dump 60 million shares on us without raising the AS. 100 mil X .03 seems overvalued to me(shorting would be negated by dilution). 12 Mil float with a huge short on the other hand is a recipe for a large run.
We all better hope there isnt ANY dilution going on.
I asked MR Kron specifically about a 504 and he says no thats not happening. Something has to give here.
Nevermind, Good Luck with that philosophy.
*sigh* If the OS is over the stated 40 some million, we are being lied to by the CEO. Think big picture.
I could care less about the A/S.
Its the OS thats important. A/S is a non issue.
Im not saying Kron is lying, he could be 100% truthful in his no dilution statements. But to answer your question, pennyland is full of liars. Hardly anyone is willing to pay the legal fees involved with going after these crooks.
High Risk/High Reward.
Its either one or the other. Dilution or Covering.
Is the TA gagged on this one, anyone know?
We can get the AS from delaware, but what we need is the OS.
I am curious as to whats going on regarding dilution. Is the TA gagged here?
USF11: CYSG, TRDY, CNGC
USF11 2333 For me
i do 911 for the hell of it, so that newbies think something is up. lol
CHDT! WEEEEEEEEEEEEEEEEEEEEE!
This question needs to be asked because I feel it is the 800lb gorilla that is holding us back.
Where can I buy their products? Theres no way in hell that they are generating the PR'd revenue numbers just from that 3rd rate website we have linked in the IBOX.
I believe .15-.20 will happen on the short squeeze NOT the companies body of work for the record.
How bout we measure the pps in nickels then dimes then quarters before we talk about dollars.
5k trades are used to knock out fake MM's on the B/A
I agree with the other poster saying this is the last act of desperation out of the MM's
The MM times arent necessarily the last time that a trade went thru. Its the last time they moved. Whatever the case, im calling shananagians. I emailed Kron today and he said he has no knowledge of pervious shares being issued to a 3rd party or a possible 504 by the company.
Explain to me how that statement is wrong since you made it public. I HAVE NO IDEA IF DILUTION IS GOING ON. However, dilutors are always on both sides of the B/A to prevent a sudden a drop. Its called boxing a stock in a range.
Also, TA's do not provide real-time information. You dont know how much damage is or is not done till the day after.
Lastly, some 3rd party from the previous shell could be selling their shares thru RBCM or there could be 504 financing being sold which the company would have no knowledge of.
I still say this is a .15-.20 stock.
Bottom is in! imo
Because PMCL came about as a reverse merger a few months ago, RB hasnt updated yet.
PMCL, WLKF, PFEH Contest #1
The perception that a cuspid change forces a cover, brings attention to the stock, which in turn makes the pps rise and this rise forces the MM's to cover in the near term only to short again later.
I have been saying for weeks this is a .15-.20 stock easily over the coming weeks.
This is the MM's last ditch attempt at a shakeout. we will move into close tomarrow and all next week.
Sorry for making fun of your spelling penny. I am having a bad week I had 5 million shares of BHUB at .0003 I sold at .0012.
I am on edge right now.
We are on the brink of a MOASS and people are worried. I have never seen a stock that wasnt diluting and that had significant projected growth, not go up in share price.
Your right! I have no idea what ".035 FEEL through" means. My bad penny keep up the solid work!
Posted by: pennystocks07
In reply to: None Date:4/11/2007 10:44:59 AM
Post #of 14387
.035 feel through, we don't get some buys soon we will see .02's again. This continues to steadily drop. I shoulda sold in the .04's lol.
OT:sa is a man?! j/k
stockcharts.com and the technical analyst's board here are great charting resources to start you off penny! LOL